Munachi Abii & Ifan Michael cover April issue of House of Maliq mag

House of Maliq Exclusive online magazine releases its cover/center spread for April 2014 issue, featuring the delectable beauty queen turned rap artist, Munachi Abii and the trailblazing media entrepreneur, publicist and fashion stylist, Ifan Ifeanyi Micheal

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Cossy Orjiakor claims she was robbed, sustained minor injuries...

Apparently this supposedly happened 2 days ago in the Orile area of Lagos. Don't like driving around that area, especially at night! Those guys will come and knock on your car window like they own it. First they gently ask you to wind down, when you refuse, they smash it..with other cars around sef..

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Femi Fani Kayode...and his visit to the Presidential Villa

One of the biggest critics of Pres. Jonathan and his government visited him at the Presidential Villa  yesterday Tuesday April 8th for a closed-door meeting.

Former Minister of Aviation Femi Fani Kayode, who recently criticized his party APC in an article titled 'APC and the strange dream of Muslim/Muslim Ticket, (where he revealed an alleged plan by some people in the party to foist a Muslim-Muslim presidential ticket on the party), refused to discuss why he went to see the president, telling the press...

"This is a presidential villa, the president is a president of Nigeria every single person in this country that is a Nigerian is entitled to come here from time to time, when the doors are open to come and pay their respect to the wonderful people that are here. As a Nigerian I have done that today and I’m delighted to be here."

Oh now they are wonderful people? Lol. Biko continue...

"I have always believed that every Nigerian regardless of the side of the political divide they belong, and as a Nigerian myself I have believed that we disagree on an issue from time to time. The most important thing is for us to be able to resolve these issues and come together to move this country forward. And I think every right thinking responsible person should be able to do that. They should also be able to come to the villa from time to time to see how they can help to move the country forward." Fani Kayode said

 On if he is leaving APC, Femi Fani-Kayode said

“The step that I will take will be made known to Nigerians at the right time. The most important thing, and I think you are fully aware of this, is that I cannot and I will not be associated with a situation whereby any group of people is promoting a religion above another. I think all of us have gone past the stage of religious politics in this country. We must treat the Muslim community with utmost respect and we must that Christian community in the same way and even the non-religious”

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FG may remove fuel and kerosene subsidies

The Minister of Petroleum Resources, Dieziani Alison-Madueke yesterday gave a hint of plans by the Federal Government to remove subsidies being paid on Petrol and Kerosene products. The Minister gave the hint while speaking at the Nigerian Oil & Gas Conference which took place in Abuja

 

While addressing the delegates, Alison-Madueke said subsidy being paid to marketers for petrol and kerosene was no longer sustainable and was only beneficial to the rich in the society.

"The continued regulation of the downstream sector has its positive and negative impacts on the economy. But the negative effect is more than the positive. The subsidy policy cannot be sustained any longer.This is because the subsidy payment is not benefiting the poor it is targeting; rather, it is benefiting the rich. The industry needs to move to next level by increasing revenue and curbing oil theft and pipeline vandalism.Without belabouring the point, we are all aware that the government has to deregulate the downstream sector. Continuing regulation, we all are aware, has negative effects. It is basically unsustainable, it discourages investment, and principally, it benefits the rich, not the masses in the society that we intend to reach in the first place" The minister said.

Analyst however say if petrol subsidy is removed, Nigerians would have to pay more for both products. Petrol for instance would rise to N144.66 for a litre, which is the landing cost of a refined litre as against the N97 its been sold for now at filling stations while Kerosene would go as high as N154.36 per litre, N138.87 as landing cost and N15.49 for distrubution margin, suming up to N154.36 it would be sold for

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Report from EFCC on how Lagos state Speaker Spent funds on foreign trips and his wife.

EFCC today March 18th revealed how Lagos Speaker Adeyemi Ikuforiji, squandered money on his wife, foreign trips and how on August 1, 2011, N4.4m was paid to him as “cost of allowance”; and his personal assistant and orderly pocketed N1.2m and N1.1m respectively.

Premium Times reports

The trial of the Speaker of the Lagos State House of Assembly, continued Tuesday with the prosecution witness detailing how the defendants allegedly laundered millions of Naira.

Adebayo Adeniyi, the EFCC witness, told the court how the defendants collected N13.5 million for honorarium, N4.5 million for renovation of the Speaker’s residence, and N1.5 million for the Speaker’s Guest House every month for six consecutive months.

Mr. Ikuforiji and Oyebode Atoyebi, his aide, are facing a 54-count amended charge of money laundering amounting to over N600 million.

The Economic and Financial Crimes Commission, EFCC, accused the Speaker and his aide of receiving the money from the Lagos State House of Assembly without passing through a financial institution.

The trial was adjourned last January for the prosecution to provide a summarized version of the monies collected by Mr. Ikuforiji and his aide.
But on Tuesday, Godwin Obla, counsel to the EFCC, said that he would rather continue with his previous method to avoid any grounds for appeal.

It was a painstaking effort that required Mr. Obla to go through each of the transactions with the witness. The judge admitted that, but overruled the defence’s plea that the prosecution tabulate the relevant sections of the transactions.
“We’ve lost time. We vacated three days for that exercise to be done,” said Ibrahim Buba, the trial judge.
“What I understand the prosecution to be doing is trying to go through the records viz a viz each count of the allegation. They are entitled to do so.
“It is indeed difficult, if not laborious,” Mr. Buba added.

2011 TRANSACTIONS
Mr. Adeniyi continued his testimony by stating how the Lagos House of Assembly paid millions of naira to Mr. Ikuforiji; his wife, Mayowa; his orderly; his personal assistant; as well as the state’s Deputy Speaker.

All the monies were collected by Mr. Atoyebi and paid for in cash, the witness said.
On July 14, 2011, N5.4 million was paid to Mr. Ikuforiji for a trip to San Diego, California; his personal assistant and orderly collected N1.3 million and N1.2 million respectively, according to Mr. Adeniyi.

On August 1, 2011, N4.4 million was paid to the Speaker as “cost of allowance”; his personal assistant and orderly pocketed N1.2 million and N1.1 million respectively. Two days later, N10 million was paid to the Speaker for Ramadan, the witness said.

On August, 2011, N6.4 million was paid to Mayowa Ikuforiji, the Speaker’s wife; and N1.3 million to the wife’s orderly, the witness said.
Between January and June 2011, N13.5 million was paid as honorarium, every month, to the Speaker, Mr. Adeniyi added.

He said N4 million and N1 million were also paid monthly, within the stated period, for the renovation of the Speaker’s official residence and guest house respectively.

Asked why there were columns with Cheque Numbers in the cash register, Mr. Adeniyi responded that: “What they do is that a cheque is raised in most cases in the name of the Permanent Secretary and cashed from the bank.
“It is this cash that is eventually paid and registered in this document, the details of payments.”

2010 TRANSACTIONS
“Basically, these cash payments are supposed to be made through a financial institution, paid to the beneficiaries, not through cash payments. Cash payments stall the tracing of the monies.
“We discovered that some of it was paid into the account of the first accused person. Some of it was used for his credit card and other personal matters,” he added.

During cross examination by Wole Olanipekun, counsel to Mr. Ikuforiji, Mr. Adeniyi said that he was not aware what the Speaker used the monies for.

“Our investigation is not focused on knowing whether he spent the money on his personal house.
“From our investigation, we did not go in depth into who approved the disbursements, we were particular about the cash disbursement which was above the threshold of transactions by a Permanent Secretary.

“Any payment must be made through e-payment, most especially when it is above the threshold,” Mr. Adeniyi said.
When shown one of the cash registers by the defence lawyer, Mr. Adeniyi said that he could not “remember seeing it.”

Mr. Obla objected to that line of questioning, insisting that the defence must tender the cash register as an exhibit before it court be used for cross examination.
The judge, however, said that the defence was at liberty to use any document that had been brought before the court.

“You cannot file a document and your witness said he cannot remember seeing it. If it was filed by the defence, it is a different ball game altogether,” the judge told Mr. Obla.
“Once you have provided this document, it is for them (the defence) to use it at their own time during the trial, not at your own time,” the judge added.
The trial was adjourned till April 28 for continuation of trial.

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The apology Msg by Nigeria Immigration service to the youth that lost their lives during the screening exercise held on Saturday

 

Wow!!! This is sad... 

Meanwhile see photos of the unemployed graduates in the cold chamber of the Mortuary at National Hospital Abuja. They lost their lives during the NIS test stampede at the National Stadium. May their souls rest in peace...

STRONG WARNING - VIEWER'S DISCRETION IS STRONGLY ADVISED.

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Dr Frabz has been crowned The New Music Director On Nigerian Idol

Africa’s biggest music reality show, Nigerian Idol has announced a new music director for its fourth season as the competition gets set to separate the wheat from the shaft for the Top 30 rounds.

Acting as the music director this season is, Award winning producer/singer Ayo Faboro, who is well known as Dr Frabz. He started his own music production company called N'sayne Entertainment and has produced smashing hit songs like Chuddy K's Slow Slow, Shank's Too late and Weird MC's Riranwo among others.

“I expect that this season we will be able to help the best of the contestants to shine,” said Dr. Frabz.

Nigerian Idol airs on Saturday and Sunday’s on HIP TV, STV, Various Startimes Channels, DRTV Warri and CRBC Calabar.

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